Price for Milking Machines and Dairy Machinery in Sweden - 2023
Contents:
- Price for Milking Machines and Dairy Machinery in Sweden (FOB) - 2022
- Price for Milking Machines and Dairy Machinery in Sweden (CIF) - 2023
- Exports of Milking Machines and Dairy Machinery in Sweden
- Imports of Milking Machines and Dairy Machinery in Sweden
Price for Milking Machines and Dairy Machinery in Sweden (FOB) - 2022
In 2022, the average export price for milking machines and dairy machineries amounted to $5,579 per unit, dropping by -13.7% against the previous year. In general, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,907 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($8,724 per unit), while the average price for exports to Germany ($4,027 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in Sweden (CIF) - 2023
In August 2023, the average import price for milking machines and dairy machineries amounted to $4,046 per unit, shrinking by -34% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 28% against the previous month. As a result, import price attained the peak level of $7,027 per unit; afterwards, it flattened through to August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Finland ($8,930 per unit), while the price for Germany ($1,765 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Milking Machines and Dairy Machinery in Sweden
In 2022, shipments abroad of milking machines and dairy machineries increased by 1.9% to 43K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a pronounced contraction. The exports peaked at 46K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, milking machines and dairy machinery exports shrank to $242M in 2022. Over the period under review, exports, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 3.5% against the previous year. Over the period under review, the exports hit record highs at $275M in 2021, and then fell in the following year.
Export of Milking Machines and Dairy Machinery in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 111 | 105 | 113 | 103 | -2.5% |
China | 25.1 | 27.1 | 39.8 | 22.5 | -3.6% |
United States | 12.3 | 19.6 | 18.0 | 20.0 | 17.6% |
Norway | 13.4 | 9.7 | 11.4 | 9.7 | -10.2% |
France | 12.1 | 7.9 | 6.9 | 6.1 | -20.4% |
Others | 91.2 | 105 | 86.0 | 80.0 | -4.3% |
Total | 265 | 274 | 275 | 242 | -3.0% |
Top Export Markets for Milking Machines and Dairy Machinery from Sweden in 2022:
- Germany (25.6K units)
- China (3.3K units)
- United States (2.6K units)
- Norway (1.5K units)
- France (1.0K units)
Imports of Milking Machines and Dairy Machinery in Sweden
After three years of growth, overseas purchases of milking machines and dairy machineries decreased by -10.4% to 10K units in 2022. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9.4% against the previous year. As a result, imports attained the peak of 11K units, and then fell in the following year.
In value terms, milking machines and dairy machinery imports contracted sharply to $47M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. Over the period under review, imports reached the maximum at $55M in 2021, and then contracted notably in the following year.
Import of Milking Machines and Dairy Machinery in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 10.3 | 17.2 | 14.9 | 13.5 | 9.4% |
Denmark | 6.8 | 8.7 | 11.0 | 10.3 | 14.8% |
Germany | 5.2 | 8.8 | 9.9 | 7.9 | 15.0% |
Poland | 8.0 | 7.0 | 6.8 | 6.2 | -8.1% |
Finland | 0.9 | 1.5 | 1.5 | 1.5 | 18.6% |
Czech Republic | 1.0 | 1.1 | 1.0 | 1.4 | 11.9% |
China | 2.4 | 0.8 | 1.2 | 0.8 | -30.7% |
Others | 6.6 | 8.9 | 8.7 | 4.9 | -9.5% |
Total | 41.1 | 54.0 | 54.9 | 46.7 | 4.3% |
Top Suppliers of Milking Machines and Dairy Machinery to Sweden in 2022:
- Germany (4.3K units)
- Denmark (1.9K units)
- Netherlands (1.3K units)
- Czech Republic (0.9K units)
- Poland (0.9K units)
- Finland (0.2K units)
- China (0.2K units)
This report provides an in-depth analysis of the milking machine market in Sweden.
This report provides an in-depth analysis of the dairy machinery market in Sweden.
This report provides an in-depth analysis of the global milking machine market.
This report provides an in-depth analysis of the global dairy machinery market.
This report provides an in-depth analysis of the milking machine market in Sweden.
This report provides an in-depth analysis of the dairy machinery market in Sweden.
This report provides an in-depth analysis of the global milking machine market.
This report provides an in-depth analysis of the global dairy machinery market.
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